Our total income in November was $14,923.69. In addition to my wife’s paycheck, she received an $800 auto allowance and a $130 company reimbursement for internet service and FasTrak pass. The big news was that she also earned a quarterly bonus of $12,490 gross ($7,664.17 net). Such a blessing! We received a $96.79 home owner's insurance refund for removing our jewelry rider (another post, another time) and earned $5.60 in interest income from our online savings account.
In November, we spent a total of $9,201.88. Some of our larger non-standard expenses were $597 for airline tickets, $373 urgent care bill for our son, and $1,100 in extra mortgage principal payments. If you subtract out our extra mortgage principal payments, our expenses were a slightly more reasonable $8,101.88. Better than last month.
Next month should be a pretty typical income month. Obviously Christmas will bring additional expenses in the form of gifts and holiday travel, but hopefully not too much.
2 comments:
Aren't bonuses great? What do you plan to do with it? Sock it away for retirement?
Yes, my wife's bonuses are a huge blessing and always go to something worthwhile. This bonus was used to pay down some of our 0% credit card balance, bolster our savings account balance, and make an additional payment of $1,100 to our home mortgage.
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